Population: 1,948 · Density: 8.9/mi² · Median household income: $66,536
Typical home value: $115,705 · Homeownership: 92.7%
Data as of January 2026. Source: Realtor.com.
The FLAT ROCK, IL real estate market (62427) currently shows 1 active listings. Homes are averaging 16 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 16 days on market compared to 104 days last year.
The median listing price has fallen 30.7% year-over-year, from $344,900 to $239,000.
Whether you are buying or selling in FLAT ROCK, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 62427 | Flat Rock, IL 62427 | 0.0 mi | 1 | $239,000 | $239,000 | $239,000 |
| 62451 | Palestine, IL 62451 | 8.8 mi | 4 | $180,000 | $42,500 | $45,000 |
| 47561 | Oaktown, IN 47561 | 12.0 mi | 6 | $959,400 | $122,400 | $159,900 |
| 47861 | Merom, IN 47861 | 14.2 mi | 3 | $95,499 | $30,000 | $31,833 |
| 47516 | Bruceville, IN 47516 | 15.0 mi | 4 | $484,400 | $123,000 | $121,100 |
| 62449 | Oblong, IL 62449 | 16.3 mi | 8 | $1,445,200 | $189,950 | $180,650 |
| 47535 | Freelandville, IN 47535 | 18.6 mi | 1 | $58,450 | $58,450 | $58,450 |
| 47512 | Bicknell, IN 47512 | 19.5 mi | 18 | $2,534,346 | $116,900 | $140,797 |
| 62475 | West Liberty, IL 62475 | 20.9 mi | 1 | $315,000 | $315,000 | $315,000 |
| 47528 | Edwardsport, IN 47528 | 21.1 mi | 3 | $579,699 | $179,900 | $193,233 |
| 47848 | Dugger, IN 47848 | 24.3 mi | 8 | $1,824,400 | $199,000 | $228,050 |
| 47597 | Wheatland, IN 47597 | 24.9 mi | 1 | $555,000 | $555,000 | $555,000 |
| 62450 | Olney, IL 62450 | 25.6 mi | 23 | $7,530,568 | $124,900 | $327,416 |
As of January 2026, there are 1 active listings in FLAT ROCK, IL (zip code 62427), compared to 2 the prior year.
The median listing price in FLAT ROCK, IL 62427 is $239,000 as of January 2026, a 30.7% decrease from $344,900 the prior year.
Homes in FLAT ROCK, IL 62427 spend an average of 16 days on the market before going under contract, compared to 104 days the prior year.
Based on current inventory and days-on-market data as of January 2026, FLAT ROCK, IL 62427 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 16 days on market compared to 104 days last year.
With SELL123.com's maximum 3% commission, sellers in FLAT ROCK, IL 62427 save an estimated $4,780 compared to a typical 5% commission on the median listing price of $239,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.